372,253 Shares in Coty $COTY Bought by Leonteq Securities AG

Leonteq Securities AG acquired a new stake in Coty (NYSE:COTY) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 372,253 shares of the company’s stock, valued at approximately $748,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Corient Private Wealth LLC boosted its holdings in Coty by 16.6% in the second quarter. Corient Private Wealth LLC now owns 16,062 shares of the company’s stock valued at $75,000 after purchasing an additional 2,286 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in Coty by 3.2% during the third quarter. Public Employees Retirement System of Ohio now owns 117,781 shares of the company’s stock worth $476,000 after purchasing an additional 3,616 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of Coty by 30.5% during the 2nd quarter. Osaic Holdings Inc. now owns 15,795 shares of the company’s stock worth $73,000 after buying an additional 3,689 shares during the last quarter. Aigen Investment Management LP lifted its position in shares of Coty by 6.1% during the 4th quarter. Aigen Investment Management LP now owns 76,048 shares of the company’s stock worth $234,000 after buying an additional 4,357 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in shares of Coty by 23.5% in the 4th quarter. Wells Fargo & Company MN now owns 24,525 shares of the company’s stock valued at $76,000 after buying an additional 4,662 shares in the last quarter. Institutional investors and hedge funds own 42.36% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. TD Cowen upped their price objective on shares of Coty from $2.30 to $2.90 and gave the company a “hold” rating in a research note on Thursday, May 7th. Weiss Ratings downgraded Coty from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, May 13th. Citigroup upped their target price on Coty from $2.50 to $2.80 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft dropped their price target on Coty from $3.00 to $2.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $8.00 price target on shares of Coty in a research report on Monday, May 4th. One research analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Coty has a consensus rating of “Reduce” and a consensus price target of $3.70.

Coty Price Performance

Shares of NYSE:COTY opened at $2.29 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.82 and a debt-to-equity ratio of 0.97. The company has a market cap of $2.02 billion, a P/E ratio of -3.70, a PEG ratio of 0.34 and a beta of 0.99. Coty has a 52 week low of $1.82 and a 52 week high of $5.33. The company has a 50-day moving average price of $2.13 and a 200 day moving average price of $2.49.

Coty (NYSE:COTY) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.03) earnings per share (EPS) for the quarter. Coty had a positive return on equity of 4.59% and a negative net margin of 9.20%.The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the company posted $0.01 EPS. The company’s revenue was down 1.3% compared to the same quarter last year. Coty has set its FY 2026 guidance at 0.330-0.350 EPS. Research analysts predict that Coty will post 0.22 earnings per share for the current year.

About Coty

Coty Inc is a multinational beauty company specializing in the development, manufacturing and marketing of fragrances, color cosmetics and skin and body care products. Established in 1904 by François Coty in Paris, the company has grown through a blend of organic innovation and strategic acquisitions to become one of the leading players in the global beauty industry. Coty’s portfolio encompasses a broad range of consumer and luxury brands, reflecting its commitment to catering to diverse consumer preferences and market segments.

The company’s product offerings span three main divisions: Coty Luxury, Coty Consumer Beauty and Coty Professional Beauty.